Guarantee Your Name: Check your Credit Report
Often times, many of us check our monthly statement, letters, or credit transaction for a quick glance without really reviewing them to make sure if nothing negative has changed. The neglect of correcting such habit makes us risky for theft. Such habit also gives criminals who are always on a surveillance to take their chance to get to our personal data, credit accounts, and bank accounts. One aspect to be regularly checked is your credit report. Such report is very important because this is being used by potential lenders to evaluate your credibility as a borrower if you are to apply for a loan or mortgage. These are the things to look for that should be present in the credit report and the things that should not be there and what to do with it.
* What should be there Credit report contains your past and present transactions. Monthlyü statement that contains lists of transactions for the most recent month if you have credit card accounts should be reflected.
What to do if it is not there:
If the anticipated bank notice ceases to come to you from your financial institution or Credit Card Company, call them without postpone asking about it. If you find out the address where the statement is sent was altered, inform your financial institution you did not changed address. Ask for the address also where they last sent your bank statement and take note if this happens suspect identity theft is on the horizon. Ask for copies of the latest financial statement that transpired during the latest previous month. You will use these copies in case there are really anomalies and if investigation is to be done.
* What should not be there Unauthorized credits, charges, and withdrawals.ü
What to do if it is there
If there are signs of unauthorized transactions, contact your financial institutions at once to inform them of the disallowed transactions. You must request for further action to stop this kind of identity theft. Checking on our credit report on a regular basis may correct irregularities and serves as an identity theft check and prevent more victims of identity theft too. One way to check it is to ask for a copy from any of the three big reporting companies namely Equifax, Trans Union, and Experian. Should the checking of our bank statements and credit report be given time to be closely examined, identity theft could be avoided. Thieves would then never have the chance to do so.
